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Central Plains Bancshares, Inc. (NASDAQ:CPBI), a $66 million market cap regional bank with annual revenue of $19.5 million, held its Annual Meeting of Stockholders on Tuesday. The company’s stock is trading near its 52-week high of $15.68, reflecting a 31% return over the past year. According to InvestingPro analysis, the bank currently appears overvalued at its current P/E ratio of 16x. According to a press release statement based on the company’s filing with the Securities and Exchange Commission, shareholders voted on the election of directors and the ratification of the independent registered public accounting firm. InvestingPro data shows the company maintains a FAIR financial health score, with notable revenue growth of 9.3% in the last twelve months.
For the election of directors to serve three-year terms, William D. Oltean received 1,891,886 votes in favor and 177,230 votes withheld, with 682,778 broker non-votes recorded. Tamara L. Slater received 1,885,355 votes in favor and 183,761 votes withheld, with 682,778 broker non-votes.
Shareholders also voted on the ratification of Plante & Moran, PLLC as the company’s independent registered public accounting firm for the fiscal year ending March 31, 2026. The proposal received 2,659,325 votes in favor, 92,469 votes against, and 100 abstentions. There were no broker non-votes for this item.
The information in this article is based on a press release statement and the company’s recent SEC filing.
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